Lobby

calender iconUpdated on October 12, 2023
business
marketing essentials

Table of Contentstable of content icon

Definition:

Lobbying is the process of influencing political decision-making and public policy by organizations and individuals. Lobbyists, who are employed by companies or organizations, engage in a range of activities to advocate for their interests, including:

  • Providing information and policy analysis: Lobbyists gather information and analyze policy issues, and share this information with policymakers.
  • Building relationships: Lobbyists build relationships with policymakers and other stakeholders, often through social events, campaign contributions, and other forms of flattery.
  • Advocating for legislation: Lobbyists actively advocate for legislation that is favorable to their organization’s interests.
  • Lobbying against legislation: Lobbyists may also work to defeat legislation that is harmful to their organization.
  • Campaigning: Lobbyists may contribute to political campaigns and provide support to candidates who are aligned with their interests.

Types of Lobbying:

  • Direct lobbying: Lobbying efforts directed at specific policymakers or their staff.
  • Indirect lobbying: Lobbying efforts focused on influencing the public or the media.
  • Grassroots lobbying: Lobbying efforts conducted by individuals from an organization, often at the local level.

Examples:

  • Pharmaceutical companies lobbying for legislation on drug pricing.
  • Technology companies lobbying against regulation of the internet.
  • Environmental groups lobbying for legislation on climate change.

Regulation:

Lobbying activities are regulated in many countries to prevent corruption and influence peddling. For example, the United States Lobbying Act requires lobbyists to register and disclose their activities.

Controversies:

Lobbying has been criticized for its lack of transparency and potential for abuse. Some argue that lobbying can undermine democratic processes and lead to biased policy decisions.

Categories

Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548):

The SEBI Registration No. allotted to us is INZ000313732.
NSE Member Code: 90326| BSE Member Code: 6808| MCX Member Code: 57120
DP CDSL: 12099800

Compliance Officer : Mr. Randhir Kumar Chaudhari
Tel no: 011- 49022222 / 011-49022277
Email: randhir@pocketful.in

Registered Address/Correspondence Address: C- 3, Ground Floor, Okhla Industrial Area, Phase - 1, New Delhi - 110020

For any complaints, drop us an email atlegal@pocketful.in

Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID.

Smart Online Dispute Resolution|Link To Circular|Procedures and Policies|Broker Investor Charter|DP Investor Charter

Benefits: Effective Communication, Speedy redressal of the grievances.

Benefits: Effective Communication, Speedy redressal of the grievances.

Please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI and our Terms of Use and Privacy Policy.
The brand name Pocketful and logo is in process of trademarks registration. The cost-effective brokerage plans make Pocketful a trustworthy and reliable online stock broker. Available on both the web and mobile, it offers unmatched convenience to traders. If you are considering opening......

Read More